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JPY bearish positioning is getting overstretched
Better than expected US non-farm payrolls for April have failed to ignite US dollar bulls. Two outliers; the safe haven currencies, CHF and JPY underperformed against the US dollar due to the resurgence of risk-on behaviour in the US stock market. JPY future’s bearish positioning has highlighted a risk of a short-term revival of JPY’s […]...
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Posted: May 8 2023, 05:49
Author Name: marketpulse
Views: 0818100